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Report: $560 Million in Cost Overruns on New Buffalo Bills Stadium

Report: $560 Million in Cost Overruns on New Buffalo Bills Stadium

by Phil Hall | Nov 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The new Highmark Stadium for the NFL’s Buffalo Bills is still on target for a June 2026 opening, but its projected costs have hemorrhaged to $2.1 billion – more than $560 million over its initial estimate. The Associated Press reports taxpayers funding for the project...
New Proposal Envisions $1 Billion Redevelopment of Astrodome

New Proposal Envisions $1 Billion Redevelopment of Astrodome

by Phil Hall | Nov 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Houston’s Astrodome, the world’s first domed sports stadium which has been closed since 2009, is the subject of proposed $1 billion redevelopment project. According to combined media reports, the nonprofit Astrodome Conservancy which seeks to preserve the historic...
Chicago Bears Consider Third Site for New $4.6 Billion Domed Stadium

Chicago Bears Consider Third Site for New $4.6 Billion Domed Stadium

by Phil Hall | Nov 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Chicago Bears are still trying to find a location for their proposed domed stadium and are now reportedly taking a second look at a site in Bronzeville, a predominantly Black community in the city. The Chicago Sun-Times cited unnamed sources in reporting the team...
Poll Finds Voters Unhappy with Chicago Bears Stadium Plan

Poll Finds Voters Unhappy with Chicago Bears Stadium Plan

by Phil Hall | Jun 26, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The efforts by the Chicago Bears to build a new stadium with the help of public funding has received a thumbs down in a new poll of Illinois voters, but the team is reportedly shifting gears to pursue a stadium in a Chicago suburb. A new survey commissioned by Crain’s...
National Park Service Approves Demolition of RFK Stadium

National Park Service Approves Demolition of RFK Stadium

by Phil Hall | May 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The National Park Service (NPS) has given its approval for the demolition of Robert F. Kennedy Memorial (RFK) Stadium in Washington, D.C. The stadium opened in 1961 as District of Columbia Stadium and was renamed for the former U.S. Attorney General and U.S. Senator...
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